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<table width="100%" summary="page for Mishkin"><tr><td>Mishkin</td><td style="text-align: right;">R Documentation</td></tr></table>

<h2>Inflation and Interest Rates </h2>

<h3>Description</h3>

<p>monthly observations from 1950-2 to 1990-12
</p>
<p><em>number of observations</em> :  491
</p>
<p><em>observation</em> :  country
</p>
<p><em>country</em> :  United States
</p>


<h3>Usage</h3>

<pre>data(Mishkin)</pre>


<h3>Format</h3>

<p>A time serie containing :
</p>

<dl>
<dt>pai1</dt><dd><p>one-month inflation rate (in percent, annual rate)</p>
</dd>
<dt>pai3</dt><dd><p>three-month inflation rate (in percent, annual rate)</p>
</dd>
<dt>tb1</dt><dd><p>one-month T-bill rate (in percent, annual rate)</p>
</dd>
<dt>tb3</dt><dd><p>three-month T-bill rate (in percent, annual rate)</p>
</dd>
<dt>cpi</dt><dd><p>CPI for urban consumers, all items (the 1982-1984 average is set to 100)</p>
</dd>
</dl>



<h3>Source</h3>

<p>Mishkin, F. (1992) &ldquo;Is the Fisher effect for real ?&rdquo;, <em>Journal of Monetary Economics</em>, <b>30</b>, 195-215.
</p>


<h3>References</h3>

<p>Hayashi, F. (2000) <em>Econometrics</em>, Princeton University Press, <a href="http://fhayashi.fc2web.com/hayashi_econometrics.htm">http://fhayashi.fc2web.com/hayashi_econometrics.htm</a>, chapter 2, 176-184.
</p>


<h3>See Also</h3>

<p><code>Index.Source</code>, <code>Index.Economics</code>, <code>Index.Econometrics</code>, <code>Index.Observations</code>,
</p>
<p><code>Index.Time.Series</code></p>


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